515, Rigel Tower
Sold prices and rental history: sold twice, last in April 2023, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 515, Rigel Tower
What is 515 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 891 sqft
- Floor
- 5th of 5
- Parking
- P19, P20
- Developer
- Myra Real Estate Deveiopment
- Completed
- 2021
- Last sold
- AED 870K · April 2023
- Building
- Rigel Tower
About 515, Rigel Tower
515 is a two-bedroom apartment of 891 sqft on the 5th floor of Rigel Tower, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2021 by Myra Real Estate Deveiopment. It last sold on 17 April 2023 for AED 870,000, or AED 976 per sqft, 18% above the AED 824 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 May 2024. The current contract, renewed on 10 May 2024, is AED 93,000 a year: a gross yield of 10.7% on the 2023 price.
Sales and rents for 515 over time
515 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Rigel Tower, and where 515 sits
All 31 2-beds →515 last sold in April 2023 at AED 976 per sqft, 18% above what two-beds in Rigel Tower were fetching at the time (AED 824).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Dec 202419 December 2024 | 888 sqft | 1,080,000 | 1,216 | ||
| 26 Nov 202426 November 2024 | 1,029 sqft | 1,200,000 | 1,166 | ||
| 19 Sep 202419 September 2024 | 887 sqft | 1,000,000 | 1,128 | ||
| 4 Jun 20244 June 2024 | 1,093 sqft | 1,100,000 | 1,006 |
Rigel Tower
Building306 apartments, studios to 4-bed over 5 floors in Jumeirah Village Circle (JVC), completed in 2021 by Myra Real Estate Deveiopment. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,060
- Typical sale
- AED 990K
- Typical rent
- AED 76K /yr
- Typical yield
- 8.8%
Other units on the 5th floor
All 306 units in Rigel Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 839 sqft | AED 840KAED 840,000 · Oct 2023October 2023 | 66,000 /yr | |
| 502 | Studio | 460 sqft | AED 394KAED 393,523 · Jul 2020July 2020 | 50,400 /yr | |
| 503 | 1-bed | 848 sqft | AED 750KAED 750,000 · Sep 2023September 2023 | 90,000 /yr | |
| 504 | 845 sqft | AED 955KAED 955,000 · Oct 2025October 2025 | 73,000 /yr | ||
| 505 | 2-bed | 888 sqft | AED 750KAED 750,000 · Nov 2020November 2020 | ||
| 506 | 890 sqft | AED 950KAED 950,000 · Jan 2024January 2024 | 84,000 /yr | ||
| 507 | 2-bed | 889 sqft | AED 760KAED 760,000 · Sep 2020September 2020 | 85,000 /yr | |
| 508 | 2-bed | 1,029 sqft | AED 1.2MAED 1,200,000 · Nov 2024November 2024 | ||
| 509 | 2-bed | 887 sqft | AED 1MAED 1,000,000 · Sep 2024September 2024 | ||
| 510 | 2-bed | 895 sqft | AED 710KAED 710,000 · Nov 2020November 2020 | 105,000 /yr | |
| 511 | 2-bed | 890 sqft | AED 775KAED 775,000 · Nov 2020November 2020 | 90,000 /yr | |
| 512 | 2-bed | 893 sqft | AED 650KAED 650,000 · Oct 2020October 2020 | ||
| 513 | 2-bed | 889 sqft | AED 885KAED 885,000 · Aug 2023August 2023 | 63,000 /yr | |
| 514 | 2-bed | 891 sqft | AED 700KAED 700,000 · Mar 2021March 2021 | 86,000 /yr | |
| 516 | 2-bed | 895 sqft | AED 750KAED 750,000 · Nov 2020November 2020 | 71,250 /yr | |
| 517 | 2-bed | 891 sqft | AED 780KAED 780,000 · Dec 2020December 2020 | 105,000 /yr | |
| 518 | 702 sqft | AED 940KAED 940,000 · Aug 2025August 2025 | 73,000 /yr | ||
| 519 | 2-bed | 890 sqft | AED 840KAED 840,000 · Mar 2023March 2023 | 100,000 /yr | |
| 520 | 2-bed | 890 sqft | AED 715KAED 715,000 · Jan 2022January 2022 | 96,000 /yr | |
| 521 | 2-bed | 888 sqft | AED 1.08MAED 1,080,000 · Dec 2024December 2024 | 81,900 /yr | |
| 522 | 845 sqft | AED 940KAED 940,000 · Sep 2025September 2025 | 72,000 /yr | ||
| 523 | 1-bed | 847 sqft | AED 605KAED 605,000 · Jul 2021July 2021 | 80,000 /yr | |
| 524 | Studio | 476 sqft | AED 550KAED 550,000 · Oct 2024October 2024 | 42,000 /yr | |
| 525 | 1-bed | 803 sqft | AED 585KAED 585,000 · May 2021May 2021 | 69,000 /yr | |
| 526 | 1-bed | 755 sqft | AED 630KAED 630,000 · Sep 2020September 2020 | 84,000 /yr | |
| 527 | 1-bed | 786 sqft | AED 585KAED 585,000 · May 2021May 2021 | 62,000 /yr | |
| 528 | 1-bed | 850 sqft | AED 1.05MAED 1,050,000 · May 2025May 2025 | 85,000 /yr | |
| 529 | 1-bed | 847 sqft | AED 780KAED 780,000 · Oct 2023October 2023 | ||
| 530 | 1-bed | 852 sqft | AED 860KAED 860,000 · Sep 2023September 2023 | 73,000 /yr | |
| 531 | 1-bed | 851 sqft | AED 670KAED 670,000 · Nov 2020November 2020 | 89,503 /yr | |
| 532 | 1-bed | 847 sqft | AED 610KAED 610,000 · Dec 2020December 2020 | 78,000 /yr | |
| 533 | 1-bed | 851 sqft | AED 875KAED 875,000 · Oct 2024October 2024 | ||
| 534 | 1-bed | 825 sqft | AED 595KAED 595,000 · Aug 2021August 2021 | 77,000 /yr |
515, Rigel Tower in numbers
- Sold twice: first on 11 October 2020 for AED 700,000, last on 17 April 2023 for AED 870,000 (AED 976 per sqft).
- Rented since May 2024 on one Ejari contract, at AED 93,000 a year.
- At AED 93,000 a year the gross yield on the 2023 price is 10.7%.
Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2024.
Questions about 515, Rigel Tower
What did unit 515 last sell for?
AED 870,000 on 17 April 2023: AED 976 per sqft for 891 sqft. The unit has 2 registered sales; the first was AED 700,000 in October 2020.
What is the rent for unit 515?
AED 93,000 a year on the contract renewed on 10 May 2024.
How big is unit 515?
891 sqft (82.8 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.
What is unit 515 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 515, Rigel Tower
Starts from the last sale price (AED 870K, 17 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus AED 41,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →